Buyer Hunt - Let a Home Find You

Happy Labor Day

To most of us, Labor Day is little more than another day off of school and work. A time to relax, barbeque and anticipate the advent of the NFL and NCAA football seasons, and to every child’s dismay, the school year. Unfortunately, many of us are blind to the holiday’s rich history and growth throughout the last century.

Labor day is a celebration of the social and economic achievements the U.S. Labor force has made through persistent and steadfast dedication to the well being of our country.

Oddly, over 125 years after the first Labor Day holiday was celebrated, there are still doubts as to who first proposed the idea of celebrating the U.S. workforce’s achievements. Some records indicate that Peter J McGuire, general secretary of the Brotherhood of Carpenters first proposed the holiday, and still others believe it was Matthew Maguire, secretary of the Central Labor Union. There is no doubt, however, that in 1882 the Central Labor Union adopted what would become the Labor Day proposal and appointed a committee to plan a picnic and parade.

And thus, on September 5, 1882 The Knights of Labor organized the first Labor Day parade in New York City. They held their second Labor Day holiday exactly one year later in 1883.

In 1884 The Knights of Labor organized resolutions to make Labor Day an annual, national holiday. The idea caught fire, and though still not recognized by the U.S. Government, Labor Day was celebrated by many industrialized cities around the country on the first Monday of September 1885.

Surprisingly, Oregon became the first state to pass official legislation recognizing Labor Day on February 21, 1887. New York, New Jersey, Colorado, and New Jersey followed soon thereafter. By 1894, 23 other states had adopted the holiday. Congress quickly followed suit and made it a federal holiday in that same year.

I hope all of you enjoy your long Labor Day weekend. And to all of you prospective homebuyers out there... avoid the heat that accompanies driving around OPEN houses. Call one of your local Realtors and have them post a profile for you on BuyerHunt.com. Give yourself the opportunity to see homes first, before they're listed.

And any prospective sellers... search our site today to find out if there is a buyer looking for a home like yours right now!

Why A BUYER MLS?

An imminent paradigm shift is on the way...

Before the Internet, the costs associated with marketing a homebuyer’s needs rendered this “reverse” model ineffective. For decades, home sellers have had no other option than to market their home “For Sale”. A buyer’s agent needed only to search via traditional methods, namely MLS, to find an appropriate home for their buyer. With the rapid acceptance of the Internet as a medium by which agents are freely and openly communicating, the traditional model has found itself outdated. This new “reverse” model is now cost and time effective, and eliminates a vast amount of pitfalls by which the traditional model is plagued. BuyerHunt has the potential to be the catalyst to the imminent paradigm shift which modern Real Estate transactions are poised to make

Price matters — but so does everything else: When buyers come to see your home, they’re looking for reasons to reject it, not to buy it

This is a reposting of Greg Swann's blog http://www.bloodhoundrealty.com/ from a month back. I read his blog every day and would highly suggest it to anyone with any interest in real estate.

I felt this was especially appropriate for those sellers searching my site. Before you contact a Realtor in regards to a potential homebuyer READ THIS!! Thanks Greg

--------------------------------------------------

If price matters more than anything else in the sale of a home, why bother to clean, repair, stage and market the property for sale?

In a buyer’s market, if a home is priced above its market value, it probably will not show. If it doesn’t show, it can’t sell, and this by itself is all the argument anyone should need to price a home to the current market.

The corollary proposition is that, if your home is properly priced, it should get frequent showings.

So the battle is won, right? All you had to do was price your home to the current market, and you attracted the attention of buyers. Victory is at hand.

Not quite.

Your home is showing, and that’s good. But if it is dirty, if there are obvious repair issues, if the space is cluttered and confusing, if no one has worked to point out why it’s such a good buy — other houses will sell and yours will languish on the market.

As long as you’re priced right — and price can be a moving target in this market — you’ll get showings. But if your home is not a better value than the other houses your buyers are seeing, they’ll buy those homes instead.

That’s exactly what you would do in their place, isn’t it? When you’re picking through the melons at the grocery, you aren’t looking for the ones that are bruised and shopped over, unsightly and unappetizing. Why would you expect buyers to buy a property that you would pass on in a heartbeat, if you were in their shoes?

When buyers come to see your home, they aren’t looking for reasons to buy it. They’re looking for reasons to reject it, so they can move on to the next home. The one they buy will be the one that raises the fewest objections, for the money. If you want that money, you have to do everything you can to take away your buyers’ objections — before they think to raise them.

Not willing to do that? It’s not a problem. Just cut your price.